Depending on whether you are a half-full or a half-empty kind of person, the "big data" revolution is either a tremendous windfall for the career of a statistician, or the makings of a real existential crisis. As with most things, it’s probably a bit of both. On the one hand,
Next week I will be presenting at the Cornell Hospitality Research Summit on big data and revenue management. In preparation for the Summit, I have recorded a short presentation that outlines how big data can help augment revenue management. Alex Dietz talks about how big data can help revenue management.
You might assume that a battle-tested businessman with a gruff exterior and a taste for salty language lacks an inner child, but you’d be wrong. Exhibit A is this little-known fact: I have a soft spot for animated Disney movies. Now, I could try to bluff a bit and say
